2024-07-15T15:22:58-04:00 2023-08-31 382463166 ALAN C YOUNG & ASSOCIATES PC 7310 WOODWARD AVE STE 740 DETROIT MI 48202 990 2022-09-01 753127612 WAYNE COUNTY-DETROIT CDE INC WAYN 500 GRISWOLD DETROIT MI 48226 HASSAN SHEIKH EXECUTIVE DIRECTOR 2023-07-15 HASSAN SHEIKH 888008888 false ALAN C YOUNG P00138984 3138737500 2024-07-15 2022 2023-04-26 12:10:37Z HASSAN SHEIKH 10465 false X N/A X 2003 ESTABLISHED TO ADMINISTER THE FEDERAL NEW MARKETS TAX CREDIT PROGRAM FOR THE PURPOSE OF REVITALIZING LOW INCOME COMMUNITIES BY ATTRACTING PRIVATE AND/OR PUBLIC INVESTORS WHO WILL REBUILD NEIGHBORHOODS. 9 6 0 0 0 0 1153 1300 153050 9165 154203 10465 0 0 0 0 0 263033 39500 263033 39500 -108830 -29035 4652152 4627117 2013223 2017223 2638929 2609894 X TO PROVIDE FOR THE REVITALIZATION OF LOW INCOME COMMUNITIES BY CREATING COMMUNITY, ECONOMIC AND SERVICE PROGRAMS WHICH WILL ASSIST IN THE REDEVELOPMENT OF LOW INCOME NEIGHBORHOODS AND COMMUNITIES, BY ATTRACTING PRIVATE AND/OR PUBLIC INVESTORS WHICH WILL REBUILD NEIGHBORHOODS AND CREATE JOBS TO BENEFIT THSE LOW INCOME COMMUNITIES AND/OR LOW INDIVIDUALS IN WAYNE COUNTY, DETROIT MICHIGAN, THIS WILL BE ACCOMPLISHED BY FACILITATING AND DISTRIBUTING INVESTMENT CAPITAL TO LOW INCOME COMMUNITY REDEVELOPMENT PROJECTS. false false 39500 THE ORGANIZATION PROVIDED INVESTMENT CAPITAL THAT WILL BE USED TO REVITALIZE LOW INCOME COMMUNITIES IN WAYNE COUNTY, MICHIGAN. THE ORGANIZATION WAS ALLOCATED NEW MARKET TAX CREDITS AUTHORITY. 39500 true false false false false false false false false false false false false false true false true true false false false false false false false false false false false true false false false false false false false false false false false false false true false false false false 0 0 0 false false false false false false false false X 9 6 true false false false false false false true true false false false true true true false false false false true false MI X HASSAN SHEIKH 3132246025 500 GRISWOLD 28TH FLOOR DETROIT MI 48226 HASSAN SHEIKH EXECUTIVE DI 2.00 38.00 X X 0 135000 87205 MATHIEU DUBE TREASURER 0.30 39.70 X 0 110000 71055 YOGESH GUSANI BOARD MEMBER 0.30 39.70 X 0 162500 104967 JUNE LEE CHAIRMAN 0.30 X X 0 0 0 EVA DEWAELSCHE BOARD MEMBER 0.30 X 0 0 0 BYNA ELLIOTT BOARD MEMBER 0.30 X 0 0 0 RENEE KENT BOARD MEMBER 0.30 X 0 0 0 MARY SEABERG KING BOARD MEMBER 0.30 X 0 0 0 AARON SEYBERT BOARD MEMBER 0.30 X 0 0 0 407500 263227 false true false 1300 1300 LOSS REVENUE ON SMALL BUSINES 9165 9165 9165 10465 10465 X 2000 2000 15000 15000 LOAN WRITE OFFS 16978 16978 MISCELLANEOUS 5522 5522 39500 39500 0 0 4608116 4614581 33250 7101 1025 1108 9761 4327 4652152 4627117 1923 5923 2011300 2011300 2013223 2017223 X 2638929 2609894 2638929 2609894 4652152 4627117 -29035 X false true X true false X X 1 WAYNE COUNTY MUNICIPAL GOVERNMENT 386004895 6 false 0 0 1 0 false true false false false false false false false false false false false false false true false PART IV, SECTION A, LINE 1 ALTHOUGH THE GOVERNING DOCUMENTS DO NOT SPECIFICALLY LIST WAYNE COUNTY AS THE SUPPORTED ORGANIZATION, THE COUNTY FORMED THIS ENTITY TO SERVE ITS PURPOSES AND HAS THE SOLE RIGHT TO APPOINT AND REMOVE BOARD MEMBERS. PART IV, SECTION A, LINE 2 THE SUPPORTED ORGANIZATION IS WAYNE COUNTY, MICHIGAN, WHICH IS NOT RECOGNIZED AS AN ORGANIZATION DESCRIBED IN THE IRC SECTION 501(1)(C)(3) BUT IS A POLITICAL SUBDIVISION OF THE STATE OF MICHIGAN. DUE FROM AFFILIATES 2011300 2011300 10465 10465 10465 39500 39500 39500 false false false false false false false false false HASSAN SHEIKH EXECUTIVE DIRECTOR 135000 87205 222205 MATHIEU DUBE TREASURER 110000 71055 181055 YOGESH GUSANI BOARD MEMBER 162500 104967 267467 FORM 990 - ORGANIZATION'S MISSION TO PROVIDE FOR THE REVITALIZATION OF LOW INCOME COMMUNITIES BY CREATING COMMUNITY, ECONOMIC AND SERVICE PROGRAMS WHICH WILL ASSIST IN THE REDEVELOPMENT OF LOW INCOME NEIGHBORHOODS AND COMMUNITIES, BY ATTRACTING PRIVATE AND/OR PUBLIC INVESTORS WHICH WILL REBUILD NEIGHBORHOODS AND CREATE JOBS TO BENEFIT THSE LOW INCOME COMMUNITIES AND/OR LOW INDIVIDUALS IN WAYNE COUNTY, DETROIT MICHIGAN, THIS WILL BE ACCOMPLISHED BY FACILITATING AND DISTRIBUTING INVESTMENT CAPITAL TO LOW INCOME COMMUNITY REDEVELOPMENT PROJECTS. FORM 990, PAGE 6, PART VI, LINE 2 SEVERAL OF THE ORGANIZATIONS OFFIC FORM 990, PAGE 6, PART VI, LINE 11B THE EXCECUTIVE DIRECTOR AND TREASURER PARTICIPATE IN THE PROCESS OF PREPARING THE 990 AND PROVIDE FINAL REVIEW BEFORE THE FORM IS FINALIZED. A COPY OF THE 990 IS SENT TO THE EXECUTIVE DIRECTOR AND THE TREASURER BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C BEFORE PARTICIPATING IN THE DELIBERATION AND VOTE ON ANY TRANSACTIONAL MATTERS OR APPROVAL OF CONTRACTS, BOARD MEMBERS ARE ASKED WHETHER THEY OR ANY OF THEIR FAMILY MEMBERS OR ANY ORGANIZATION THEY HAVE A FINANCIAL INTEREST HAS AN INTEREST IN ANY OF THE OTHER PARTIES TO THE TRANSACTIONS OR THE RECIPIENT OF THE CONTRACT. BOARD MEMBERS HAVE, ON SEVERAL OCCASIONS, RECUSED THEMSELVES FROM DELIBERAYIONS AND VOTES DUE TO EVEN A POTENTIAL APPEARENCE OF CONFLICT. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART IX, LINE 11G PROFESSIONAL FEE 15,000 0 0 WAYNE COUNTY MUNICIPAL GOVERNMENT 600 RANDOLPH STREET DETROIT MI 48226 386004895 GOVERNMENT MI 115 NA false false false false false false false false false false false false false false false false false false false false